GLOBALFOUNDRIES Stock Hits Day High with 14.92% Surge in Intraday Trading

GLOBALFOUNDRIES, Inc. has experienced a significant surge in its stock performance, gaining 14.92% on May 21, 2026. The stock reached an intraday high of USD 81.46, reflecting strong market activity. Over the past week, GLOBALFOUNDRIES has outperformed the S&P 500, with a weekly increase of 10.17% compared to a decline of 0.74% for the index. In the longer term, the company has shown impressive growth, with a 1-month performance of 37.31% and a remarkable 1-year performance of 115.5%, significantly surpassing the S&P 500's 27.39% return. Year-to-date, the stock has risen by 132.96%, while the S&P 500 has only increased by 8.77%. Despite a low Debt to Equity ratio and a healthy long-term growth rate in operating profit of 98.45%, the company has faced some challenges, including a low debtors turnover ratio and a net profit of USD 199 million. With a market capitalization of USD 24,331 million and a P/E ratio of 27.00, GLOBALFOUNDRIES continues to attract attention in the Other Electrical Equipment industry.